Armed men escape with jewellery from Delhi's showroom

New Delhi : Five armed men on Thursday looted jewellery and cash valued at Rs 50 lakh from a businessman at gunpoint after they barged into his showroom 'Kanishk Jewellers' at east Delhi, police said.

The incident happened around 12.30 p.m. when the accused parked their car near the Kanishk Jewellers showroom and barged into it, police said.

"The unidentified persons took out pistols and held hostage all the employees, including showroom owner Vijay and his wife Priyanka. They took away jewellery and cash valued at Rs 50 lakh with them. They also took the DVR of CCTV camera before escaping," Deputy Commissioner of Police Pankaj Kumar Singh said.

"We are investigating the case and are scanning the footage of nearby shops to identify the culprits. We have suspected that the crime was executed in a planned manner," the DCP said.